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Jan 24, 2013
01/13
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., a potential crisis over the debt ceiling. looks like it will be averted, at least until the spring. the republican-controlled house passed a bill allowing the government to avoid default and continue borrowing money and paying its bills until may. it also requires lawmakers in both chambers to pass a budget if they actually want to keep getting paid their salary. with the senate set to sign on house speaker john boehner credited the bill for forcing the democrats' hand. >> after four years i'm glad the senate has finally decided to act. because there is no indication that we're going to do a budget until we announced last week that we were going to move this bill that said pass a budget or no pay. >> paul ryan wears that orange tie a lot. boehner wears that green tie quite a bit. the democrat-controlled senate has not produced a detailed budget in 1,366 days. yesterday democratic leaders said the measure is actually a victory for the president. >> i'm not sure what happened at the house republican retreat last week, but it su
., a potential crisis over the debt ceiling. looks like it will be averted, at least until the spring. the republican-controlled house passed a bill allowing the government to avoid default and continue borrowing money and paying its bills until may. it also requires lawmakers in both chambers to pass a budget if they actually want to keep getting paid their salary. with the senate set to sign on house speaker john boehner credited the bill for forcing the democrats' hand. >> after four...
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Feb 1, 2013
02/13
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ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable lahtuger). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. >>> the republican party is engaged in a fierce game of tug-of-war with itself. last week after speaker john boehner pleaded with his party to vote for a bill to extend the debt limit for three months, 33 members broke rank. the measure would have failed without democratic support. yesterday the senate took up that same bill and even though
ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over...
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Jan 24, 2013
01/13
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CURRENT
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when you look at the difference of those three dates the debt ceiling involves a great amount of money interested. i don't think that's conspiracy toreconspiracytoreal. would they have a say in those matters? i think so. >> i would agree that they're kicking it over to the senate. as we've seen in the last budget debates that we've had the senate is really the only body that can do anything or get anything done. that's where the compromise will happen. we'll see--the house will come up with their paul ryan budget on steroids that they're planning right now and the senate will have to find compromise or common ground that the white house can agree to as well, and then we'll be back where we were at the end of 2011. i think the republicans definitely do--are taking a moment to regroup so they can fight that battle, and it will be a similar battle to the ones we've seen before. >> cenk: grace wyler, michael shure, we appreciate it. mark my words, they will shut the government down. they will do whatever they need to do. they will be as obstinate as humanly possible. they will sacrifice ev
when you look at the difference of those three dates the debt ceiling involves a great amount of money interested. i don't think that's conspiracy toreconspiracytoreal. would they have a say in those matters? i think so. >> i would agree that they're kicking it over to the senate. as we've seen in the last budget debates that we've had the senate is really the only body that can do anything or get anything done. that's where the compromise will happen. we'll see--the house will come up...
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Feb 1, 2013
02/13
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. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of that money, part for research and development and part of it for an institutional bank, you could do what banks are not doing, and that's invest in these downtrodden areas of our country. >> gillian, we've been talking about it for years, trillions of dollars sitting on the sidelines not coming back to america. how do we get it back here? >> almost $2 trillion. you've got average household earnings down over the past four years, poverty is up. we need this money working in our economy. how do we get it here? >> absolutely. i think the reverend's idea is very interesting because right now many of the com
. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of...
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Jan 25, 2013
01/13
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so let's talk about the debt ceiling. >> no, because that's why i'm here. >> how do you adjust, professionally, how do you adjust to doing broadway movies and tv. are there differences in the type of acting that you try to do? >> you know, for me, it's always about the material. that's what attracts me. if it's on the written page and makes sense and i can relate to it, i want to do it. and, you know, and i think acting is acting. it's always about being truthful. so on the stage, it requires a different kind of energy and you're playing to a big house. in film, the camera can be right there. so it also gives you the option to really be more internal. but it's -- i really believe it all comes from the same place, which is, do you believe what i'm saying? >> i'm going to ask you another question, because, "argo," critically a success. award winning, obviously, for the golden globes. snubbed a bit by the academy. is there anything you want to get off your chest? >> you know, here's the deal, it was disappointing and kind of surprising, but really, the movie is so appreciated and so loved and ben
so let's talk about the debt ceiling. >> no, because that's why i'm here. >> how do you adjust, professionally, how do you adjust to doing broadway movies and tv. are there differences in the type of acting that you try to do? >> you know, for me, it's always about the material. that's what attracts me. if it's on the written page and makes sense and i can relate to it, i want to do it. and, you know, and i think acting is acting. it's always about being truthful. so on the...
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Jan 31, 2013
01/13
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CSPAN2
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the debt ceiling increased the authority to borrow more money -- increase, the authority to borrow more money is all about future spending, which is part of the reason why some of us think this is a very sensible moment to try to bring some discipline to that future spending. and what would happen if we don't raise the debt ceiling right away? well, if we don't, we would have to have a 25% cut in all government spending, and that's -- that's pretty massive. that's pretty problematic. now, the administration and some actually go way overboard in the threats that they attach to this. they threaten to inflict the maximum possible economic damage if the debt ceiling isn't raised promptly upon the point at which they run out of their maneuvering room. so you hear threats about default on our debt and senior citizens won't get their social security check and our military folks won't get paid, all kinds of the most disruptive, most damaging and most dangerous kinds of outcomes are threatened by the administration. now, this is unnecessary, this isn't true, this isn't what would happen, but the
the debt ceiling increased the authority to borrow more money -- increase, the authority to borrow more money is all about future spending, which is part of the reason why some of us think this is a very sensible moment to try to bring some discipline to that future spending. and what would happen if we don't raise the debt ceiling right away? well, if we don't, we would have to have a 25% cut in all government spending, and that's -- that's pretty massive. that's pretty problematic. now, the...
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Feb 1, 2013
02/13
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. >>> president obama is expected to sign legislation to raise the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled substances act. the city sued saying it would create a problem for people who need marijuana to treat their medical conditions. the judge did not indicate when she would rule on the motion. >>> this is not your grandfather's world, still ahead. >> get to know them better. >> some children take on police officers on the basketball court. but it wasn't all about hoops. the bigger message game. >>nd how much womber can the temperatures -- warmer can the temperatures get and will it last into your bay area weekend? i am back here in 10 minutes with all the details. hmm, it says here that cheerios helps l
. >>> president obama is expected to sign legislation to raise the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled...
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Jan 24, 2013
01/13
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the president says he wants the debt ceiling increase. hopefully the majority has decided to pass a budget. the new budget chairman, senator murray, said yesterday that her committee will draft a budget. now let's let the senate produce a budget. let's have a budget drawn up. let's have a budget debated. let's figure out what our plans are. budgets lay out plans and we'll see if a budget that a majority in the senate would vote for will pass the straight-face test with the american people. we'll see if this is just another budget that says, okay, here's the amount of money we'd like to spend. it has no relationship to the amount of money we have. let's let that be our budget. the people -- people will no longer tolerate, i'm convinced, the amount of debt and taxes that the spending plan would require. but for them to really think about that, they have to have a spending plan, and i am grateful that the house passed legislation that says we have to have that -- that plan. when the majority in the senate, democrats in the senate have a budg
the president says he wants the debt ceiling increase. hopefully the majority has decided to pass a budget. the new budget chairman, senator murray, said yesterday that her committee will draft a budget. now let's let the senate produce a budget. let's have a budget drawn up. let's have a budget debated. let's figure out what our plans are. budgets lay out plans and we'll see if a budget that a majority in the senate would vote for will pass the straight-face test with the american people....
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Jan 24, 2013
01/13
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the problem is that the debt ceiling has nothing to do with the full faith and credit of money that's already spent. and that we have plenty of time to talk about taxes and spending, if we talk about concurrent resolutions, if we were talking about sequestration. if what you're saying is that if there's a budget that i have to vote yes or no on, and one budget says that one way to close and reduce the deficit is to go after the people that are the poorest, the most sick and the oldest and call that entitlement cutbacks, and if i don't vote for that, then it means that the government is not going to pay me, i can go home very easily and tell them a bad budget is worse than no budget and once again, we are holding the spending cuts that a will the -- a lot of people want that should be negotiated hostage. perhaps we've not a three-month -- we've got a three-month reprieve. but the fact remains this is holding up the president and our country from getting on with what we should do, when the impact, fiscal impact of this on our country throughout the world is dangerous. the speaker pro te
the problem is that the debt ceiling has nothing to do with the full faith and credit of money that's already spent. and that we have plenty of time to talk about taxes and spending, if we talk about concurrent resolutions, if we were talking about sequestration. if what you're saying is that if there's a budget that i have to vote yes or no on, and one budget says that one way to close and reduce the deficit is to go after the people that are the poorest, the most sick and the oldest and call...
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Jan 24, 2013
01/13
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the treasury has warned the country could default on some loans as early as next month if the debt ceiling isn't lifted. >>> 6:48 now. a local company reporting major losses. they say the reason is defense cuts. cnbc has more live. kayla, good morning. >>> good morning, aaron. general dynamics, one of the nation's biggest federal contractors, reported a huge quarterly loss on wednesday, blaming it largely on defense cuts. the company which is based in falls church, virginia, posted a $2 billion fourth quarter loss on lower than expected sales as shrinking government orders and writedowns hammered the maker of weapon and aircraft. stock dropped as much as 5% in trading before recovering to close up about 1%. analyst attribute that to reassuring comments from the company ceo. >>> the washington's dependence on government and defense contracts makes it vulnerable to the spending cuts put in place by president obama and congress between 2000 and 2010. government procurement spending grew by double digits. last year it fell by more than 5%. back to you. >> thank you. >>> redskins players are be
the treasury has warned the country could default on some loans as early as next month if the debt ceiling isn't lifted. >>> 6:48 now. a local company reporting major losses. they say the reason is defense cuts. cnbc has more live. kayla, good morning. >>> good morning, aaron. general dynamics, one of the nation's biggest federal contractors, reported a huge quarterly loss on wednesday, blaming it largely on defense cuts. the company which is based in falls church, virginia,...